1. southern fields has an inventory of 838,000 pounds of sugar. the firm placed a partial hedge on this inventory by selling 6 futures contracts at 9.56. the futures contracts are based on 112,000 pounds and quoted in cents per pound. at the time the firm sold the sugar, the spot rate was 9.63. how much profit did the firm lose because of the hedge? (2 points
Answers: 1
Business, 21.06.2019 15:30
Last week, linda's commission check was $84. if she earns a 12.5% commission on sales, what were her total sales?
Answers: 2
Business, 21.06.2019 21:30
Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the companyβs adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.
Answers: 1
Business, 22.06.2019 10:00
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
1. southern fields has an inventory of 838,000 pounds of sugar. the firm placed a partial hedge on t...
Mathematics, 15.12.2021 05:50
Mathematics, 15.12.2021 05:50
English, 15.12.2021 05:50
Mathematics, 15.12.2021 05:50
Chemistry, 15.12.2021 05:50
Mathematics, 15.12.2021 05:50
Computers and Technology, 15.12.2021 05:50
English, 15.12.2021 05:50
Mathematics, 15.12.2021 05:50
Mathematics, 15.12.2021 05:50
German, 15.12.2021 05:50